Exhibit 23.1

                        CONSENT OF INDEPENDENT AUDITORS


   We consent to the reference to our firm under the caption "EXPERTS" and to
the use of our report dated March 2, 2001, in this Amendment No. 1 to the
Registration Statement (Form S-1) and related Prospectus of Old Dominion
Electric Cooperative dated September 10, 2001.



                                          /S/ ERNST & YOUNG LLP


Richmond, Virginia

September 7, 2001